PISTOL 24-24
PISTOL 24-24 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by RSP Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 340,359 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.8M, with roughly $1.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 975 barrels a month. Its strongest month on the record we hold was June 2017, at 16,466 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PISTOL 24-24
- Who operates PISTOL 24-24?
- PISTOL 24-24 is operated by RSP Permian, LLC, Railroad Commission of Texas operator number 732224.
- Where is PISTOL 24-24?
- PISTOL 24-24 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49428.
- Is PISTOL 24-24 still producing?
- PISTOL 24-24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PISTOL 24-24 is August 2026.
- How much has PISTOL 24-24 produced?
- PISTOL 24-24 has reported 340,359 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is PISTOL 24-24 worth?
- The remaining production from PISTOL 24-24 is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.2M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PISTOL 24-24 is a fraction of it. The estimate fits an Arps decline curve to the production PISTOL 24-24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PISTOL 24-24 is an estimate of value, not an offer and not an appraisal.
- How much income does PISTOL 24-24 generate in a year?
- PISTOL 24-24 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PISTOL 24-24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | RSP Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 49428 |
| Wellbores | 1 |
| Reported production | 340,359 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where PISTOL 24-24 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.